Digital Realty Trust: Digital Realty signs new PPAs in France and Spain

May 24, 2024 | Posted by Abdul-Rahman Oladimeji

Digital Realty this week announced the signing of several power purchase agreements (PPA) to power its European operations in France and Spain. The company signed a package solar deal comprising three separate 12-year agreements in Spain and two 15-year deals for wind energy in France.  Together, these PPAs represent an estimated 347 gigawatt-hours (GWh) of renewable energy. Schneider Electric supported the negotiations on behalf of Digital Realty.

"The signing of these most recent deals in Spain and France is the result of the continued execution of Digital Realty’s sustainability strategy, designed to support the development of high-quality renewables and strengthen our renewable energy coverage. We’re committed to continuing to expand our renewable energy portfolio and making progress towards our global sustainability goals," said Aaron Binkley, VP of sustainability, Digital Realty.

“We at Wpd are proud to support our customers’ objectives to reduce their carbon footprint. We are therefore delighted to be working with Digital Realty on the recently concluded PPA for wind farms at two sites in France. PPA contracts offer cost-effective and predictable energy supply solutions for companies wishing to commit to the energy transition,” said Grégoire Simon, president of Wpd onshore France.